Euro commodity crosses at key levels
Of our three euro commodity cross pairs, namely eur/aud, eur/nzd and eur/cad, it is the weekly chart for these pairs that is the most interesting, […]
forex trading
AUD/NZD – an interesting cross
We only have two central banks in play this week, namely the RBA and the RBNZ, and with their respective Governors both keen on wanting […]
Waiting for the NFP
Just waiting for the last of our trio of USD events, and as mentioned in my last post FOMC was indeed the non-event many suspected […]
Risk off as market waits for BOJ
Today’s risk off sentiment has been clearly reflected in the the Yen complex with the commodity pairs and USD/JPY falling the most, and only the […]
Triple witching for the USD!
In a week where one trading month ends and another begins, it makes sense to consider where the major currencies may be heading into from both […]
Volatility & the euro
So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move […]
Bullish momentum continues for the EUR/USD
Euro bears are once again licking their wounds, desperately covering their short positions as the EUR/USD bounces back and looking to re-test the 1.3250 price area, […]
EURGBP looking set to move higher
When trading the euro the vast majority of forex trades simply focus on one pair, namely the eurodollar. This is a great shame as they […]
Yen Index Heavily Bearish
Most of us are familiar with the Dollar Index, but I thought it would be interesting to post the hourly chart for another index that […]
Eurodollar continues to frustrate the bears
The eurodollar continues to frustrate euro bears with its unerring ability to rise phoenix like from the ashes of yet another sell off. Indeed the […]
EURUSD Positive Ahead of Rate Decision
A very pretty picture for the eurusd on the daily chart, and no doubt one which is making the euro bears weep, once again, with […]
USD/CAD looking set to break lower
The USD/CAD continued to trade in a narrow range once again last week, and extending the current consolidation phase, as the pair struggle to break […]
AudUsd regains some positive momentum
The recent slide in the aussie dollar appears to have been halted, in part by this week’s fundamental news which included better than expected retail […]
Eurodollar slides lower
With the inconclusive Italian elections now a dim and distant memory the euro, like many other markets is now looking to recover some poise following […]
Minor respite for Cable
An interesting day for cable yesterday which initially opened the trading session gapped down, following Friday’s downgrade, before ending the session as a relatively wide […]
Eurodollar continues to be mildly bullish
The eurodollar continued to trade in a narrow range yesterday, ending the session with a narrow spread up bar before closing at 1.3388, as […]
Relentless slide in cable continues
The recent sell off in cable continues unabated with the pair now breaking below the 1.5550 price point and indeed at the time of writing […]
Eurodollar slides on poor GDP numbers
Today’s dramatic fall in the eurodollar appears to have been triggered by weaker than expected economic data from the eurozone which confirmed that the economy […]